Latham & Watkins Advises Realty Income Corporation on US$862.5 Million Convertible Senior Notes Offering

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, has announced the closing of its previously announced private offering of US$862.5 million aggregate principal amount of 3.5% convertible senior notes due 2029 (the notes) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The offering represents the aggregate of both the previously announced offering of US$750 million, as well as the full exercise of the US$112.5 million option to purchase additional notes granted by Realty Income to the initial purchasers of the notes.

Latham & Watkins LLP represents Realty Income Corporation in the offering with a Capital Markets team led by Orange County partner Darren Guttenberg, Los Angeles/New York partner Lewis Kneib, and Los Angeles counsel Devon MacLaughlin, with associates Abby Timmons and Kennedy Holmes. Advice was also provided on convertible notes matters by New York partner Reza Mojtabaee-Zamani and New York counsel Christopher Yu, with associate Daniel Weiss; and on tax matters by Los Angeles partner Ana O’Brien and Los Angeles counsel Will Kessler.